Portware unveils next generation FX Trading Platform

Ary Khatchikian, President and CTO, Portware: "Portware FX 5.0 and FXLM set new standards for advanced FX trading and analytics solutions, allowing our clients to navigate today's fragmented market with ease."

Portware, the provider of integrated, multi-asset algorithmic trading solutions, has announced the release of Portware FX 5.0, the next generation of Portware's foreign exchange (FX) trading platform.

Portware FX 5.0 includes Portware FX Liquidity MonitorTM ("FXLMTM"), an advanced transaction cost analysis (TCA) and post trade reporting package. Clients will also benefit from updates to Portware FX's embedded execution strategies and integrated access to FX algorithms from leading bank liquidity providers. This new suite of trading and analytical tools ams to allow Portware FX clients to increase trading efficiencies, while providing detailed analyses of real-time and historical trading performance to help guide future order routing decisions.

Key features of Portware FX 5.0 include:

· Portware FXLMTM. Portware's new FX TCA and post trade analytics package
· Enhanced Algorithms.
· Integration with FX Banks' Algorithmic Strategies.

"Portware FX 5.0 and FXLM set new standards for advanced FX trading and analytics solutions, allowing our clients to navigate today's fragmented market with ease and gain greater insight into their trading performance," said Ary Khatchikian, President and CTO, Portware. "The introduction of these products follows two years of unprecedented growth for our FX business. We continue to attract clients across all sectors, highlighted by the recent addition of First Quadrant, while our partnership with Traiana illustrates Portware's ongoing commitment to deliver highly integrated, end-to-end electronic trading solutions. Portware FX 5.0 and FXLM build on these successes and will help drive continued growth throughout 2010 and beyond."